How do I get started with a new business plan?
Hi everybody. I'd like to start a new business to help families with co-parenting in separation and divorce. I'm writing a business plan and would appreciate any experience or advice. What are some first steps that I should focus on? Thank you.
Research your target market to find out if this is a service that they want, and will pay for. If not, your business has little chance of success.
I suggest setting up a meeting with a Score Counselor from Score in your area to help you set up a business plan...Another resource for a business plan is found at the following website www.Besresource.com
Hi Alfonso, I have created a couple of business plans and edited 2 of them recently for friends, and this website helps a lot on educating people about what a business plan involves. I hope it helps you too. Remember that a business plan can be updated anytime and as many times you find it needed.
Success to you.
Lots of good advice has already been posted here. Another approach to help get the thought process started is to look a a business plan template (many are available via the internet) with a social services theme to get some ideas on how to frame your thoughts while following the other excellent advice offered here.
As someone else stated, a business plan is often used to attract partners or investors while a strategic plan lays out the high-level planning. Not to say you can't combine these but those are two very different - although related - themes.
Best of luck to you. This is a noble venture and much needed service.
Here's my free short business planning e-guide: http://www.lulu.com/shop/c-k-yap/1-million-business-ideas/ebook/product-21920607.html
Hi Alphonso, this sounds like capitalism that serves a very important purpose. Do you have any evidence that you can deliver on our offer? If so, create a simple business plan that drives activities around Vision, Mission and Objectives daily. I am a big fan of The One Page Business Plan and One Page Budget Plan by Jim Horan. $25 on Amazon gets workbook and template DVD. Good luck in your mission! RP
to be more effective, the business plan is not the first thing you need to work on. First off all I recommend you to validate your offer in your target market. In this step you will define your value proposition, and test your business model. Probably it won't be correct in the first try.
When your business starts moving you should think in writting out a business plan. Make it clear and feaseble, in order to measure from time to time and check the results of your actions.
This is the big picture, please, let me know if I can help you.
First, heed the others' advice. Then, I make a distinction between a business plan and a strategic plan. A business plan is if you are doing it for external eyes, like for investors or to get a loan. If that is what you want to put together, just get the software or download some of the programs that provide an outline for a business plan (e.g. Business Plan Pro). Fill in all the sections adequately and you will have a plan acceptable to almost anyone.
A strategic plan is an internal document, and is different than a business plan (although certainly will have some of the same elements). With my clients, I utilize a modification of a one-=page plan, made famous by Verne Harnish, in his original Rockefeller Habits book. In addition to defining many of the things others have suggested are important, my process lines up longer term PERSONAL goals (since you are the owner) with what the business goals therefore need to be -- and then bring goals and required activities down to a 90-day plan, so that you know what you should start doing NOW to start down the path to reaching those goals. It really works.
Private message me if I can be of any assistance.
In order to sit a business plan you need to determine your products & services & your targeted markets - define your goals accordingly - How much is your products in quantity ,prices ,shaps ,then your targeted clients , study your team work you need to start with , keep all your logistics to do the work then plan how to start your work .
Look for a successful in-kind business and model your efforts after them. Remember that start-up is different than ongoing activities, so be sure to quiz the businesses you are emulating about those differences.